Archive for June, 2010

Do know about the Bronchial asthma in Adolescents?

Asthma in teenagers

A lot of the youngsters who have bronchial asthma are also supersensitized to many things. It’s a fact that youngsters with bronchial asthma are also allergic to many things.The asthma can get severe even if the folks with asthma are uncovered to allergens of low grade. It’s not unheard of for the asthma to become serious even if the allergens are low grade.Allergic reactions play an necessary function in asthma cased that are undiagnosed. Other elements that additionally trigger childhood asthma include higher respiratory infections like colds, second hand smoke, and certain local weather conditions like cold air and resulting from emotional bodily expressions like laughing, crying or yelling. Local weather conditions, colds, second hand smoke and even expressions like crying can trigger childhood asthma.However, it’s not the top of the road for asthmatics as they will stay lively and wholesome if they manage asthma correctly by avoiding bronchial asthma triggers, steady consumption of prescribed medications, being alert of the warnings and pay attention to the methods to deal with an asthma attack.It’s important to be alert to warnings and pay attention to the ways of dealing with an asthma attack.

There is a nice consensus among the many mother and father whether or not their children would outgrow asthma as they grow up. Many parents look to the hope that their children will outgrow their asthma.But the fact is it depends from child to child. However it depends on the child.Whereas some youngsters expertise advance in their teens others see asthma turning into even more severe. Yes, some youngsters do outgrow their asthma but other cases become more severe sometimes.But almost half of the children who have asthma outgrow asthma as they grow although some signs could come back later.

Many parents have questions like whether or not their youngsters can take part in sport activities. A popular concern of parents with asthmatic children is whether their child can take part in sports. The reply is each yes and no. As with any condition, the answer can be yes or no depending on the individual child.Some youngsters may get an asthma attack after they participate in exercises like running. Not all but some youngesters will have an asthma attack after participating in physical activities.However with suitable administration a young person affected by bronchial asthma can actively take part in sports. Particular aerobic exercises can enhance airway function. This strengthens the respiratory muscles. The respiratory muscles are often strengthened by this. A few of the ways that one can take part in sports is to follow the routine of stretching the muscle tissues previous to and after exercising, nostril-breathe as a substitute of breathing via the mouth and ensure that humidified air passes by means of the airways. Additionally dad and mom should make it possible for the adolescent has taken all prescribed treatment imagined to be taken earlier than they start exercising. Carrying a reliever is a should for asthmatic teens which would come useful if asthma attack occurs. Asthmatic youngsters should ensure that they wear one thing over their mouth and nose to stop cold air from entering. When in cold air, asthmatic youngsters should protect their airway by covering their mouth and nose.

It’s not simple for adolescent teens to attend college when they have bronchial asthma but it is not difficult also at the same time if correct coordination is made among the many teenager, doctor, household and faculty employees. It is a good idea to consult academics, nurses and dissimilar pertaining workers of the varsity and let them know that the teenager has bronchial asthma and should have special requirements. Additionally, let the college management know on medications the teenager commonly takes and easy methods to assist the teenager when an attack occurs. The school employees ought to be requested to treat the teen normally once the attack subsides. The bodily teaching coach must also be told in regards to the condition in order that he/she can let the kid stretch the muscle tissues earlier than any workout routines or to take care of bronchial asthma attack induced because of exercises. Also, earlier than admitting the teenager to a new college care must be taken to check the standard of air, irritants and allergens if any current in the school. When getting ready to choose a college, it would be smart to look into the standard of air, irritants and allergens at the potential college.

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By Rahul Dravid

Increase in Private Hard Money Loans

The real estate markets are comprised of the residential and commercial segments.  The residential side of the real estate market has begun a convalescence from the “bubble” period since approximately 2005.  The commercial side of the real estate market, however, has continued a steady slide in value as the economy impacts small business.  Financial institutions will feel the effect as the commercial slide continues because commercial loans are relatively shorter term loans with renewals generally between 5 to 7 years, compared to residential properties from 15 to 30 and sometimes even 40 years.  Existing real estate markets are causing unprecedented opportunity for both residential and commercial rehab hard money lenders to enter the financial area and fill the void for real estate investors that banks have not been able to fill.  As the economy falters, banks have generally tightened credit requirements for all small businesses and real estate investment funds.  This has caused real estate investors to seek other avenues of investing such as hard money lender financial support and those avenues have enabled the investors to continue to buy and sell property that is currently bank owned .

How strong will the real estate market be in the years to come ?  It is anticipated that residential will continue a steady improvement.  Signs of real estate market recovery are already thriving in California and Texas.  It is also spread to other former markets that were hit hard when the real estate bubble “burst”.  Home values are expected to continue to rise and some areas will begin to show even significant appreciation. This will create a substantial opportunity for the real estate investor who is currently acquiring investment property, either by cash purchase or hard money loans.  Private rehab hard money lenders will continue to lead the way, seeking above average returns for their funding investments .

Usually a dealing in today’s environment begins with a real estate investor placing an REO property under contract.  An REO property is currently owned, by either a bank, government agency or some other type of financial institution.  The investment property is then purchased direct from the bank at a substantially discounted price which could be 50% or less than the actual market value of the property.  Once the contract is in place to purchase the property, the loan package is submitted to a private rehab hard money lender who then finances the purchase for the investor inside 24 to 72 hours.  The entire transaction can be complete in a day or so, and it is not unusual for a transaction to even be completed the next day .

Real estate investors and rehabbers are using private hard money lenders for financing because of less stringent lending requirments.  For example, because the private hard money lenders is an “asset based lender”, the most important part of the loan package is the LTV, or loan-to-value for the investment property being financed.  The private lender is reducing risk by staying in first position on the property and having a sufficient amount of equity to be able to recover the loan amount in the issue of a default, by “prompt sale” of the residential or commercial property to another party .

Real estate investors do not need to have good credit to qualify for loans with private hard money lenders.  Even prior bankruptcy and foreclosure items do not necessarily necessarily cause an investors loan from getting funded for an investment property loan.  The private lender ears a substantially higher interest rate in the transaction but also may offer the investor, interest-only payrments and even no-payments for the life of the loan, anywhere from three months to six months or more.



Will Not Having A “C of O” Stop My Home Purchase?

A “C of O” or Certificate of Occupancy, is a document that states all the buildings on a bit of land. Things like a pool, shed, deck, additions to the home, generally Central Air Conditioning Units. Every home has one when it is built and it is recorded with the town. The issue typically is that an owner will do improvements to the home and not have them recorded on the “C of O” as a result of it almost at all times raises your taxes. However when you sell, a survey of the home is completed, (which is a drawing of the home) and if the survey doesn’t match as much as what the town has in it’s data, then 99 instances out of one hundred, the financial institution gained’t lend cash on the house till those gadgets are recorded on the town’s “C of O”. It might hold up a sale and sometimes kill it. Often it’s the house homeowners duty to fix any problem like that, however with a brief sale or a foreclosures, it may very well be left as much as the client to pay for any fees wanted to get a brand new “C of O”. It’s because the vendor of a short sale doesn’t have money to pay the mortgage, so the place are they going to get the money to pay for what must be completed to replace the “C of O”. Sometimes the financial institution will waive the “C of O” difficulty if it is small however they are being very picky now with the mortgage fallout. A bank owned property with a “C of O” problem is usually handled by the financial institution, but generally they try to pawn it off to the buyer. Each scenario is completely different and your lawyer will aid you to get it settled. Make certain your Melville real estate agent inquires about any doable “C of O” difficulty with the house you are buying.  Long Island Seo will help you find on-line “C of O’s”.

Hard Money Lenders Video

Prior to 2006, real estate investors were relying mainly on established bank financial support for investment property loans.  That has all changed now and the supply and demand of money has shifted in favor of private hard money lenders.  A hard money lenders video has revealed much close to the changing real estate market and how it affects real estate investors seeking hard money and rehab hard money loans .

The Private Money Lenders Source has become the preferred resource for real estate investors seeking hard money loans.  Containing 300 of the top private hard money lenders who loan on both residential and commercial real estate, across the nation, regionally, and locally, the directory also details hard money lender conditions.  Now, investors have the flexibleness of examining various types of lender programs and are able to better match private hard money loans to property deals .

For some time to come , more and more real estate investors will be seeking the funding of private rehab hard money  lenders as it has become a viable option to procurring REO properties that are presently owned by banks and government agencies and other financial institutions.  Because conventional loans cant ake 3 to 5 weeks to process, banks now genuinely prefer to deal with private lenders in order to get the REO properties sold and off their books .

As a result, a keen opportunity for both private hard money lenders and the nation’s real estae investors and is one of the fundamentals of the recovering real estate market.  More private hard money lenders are entering the marketplace and investors have stepped up their acquisition of real estate in both residential and commercial investment property.Real estate investors have welcomed the influx of investment capital by private hard money lenders and it is evident that it has become not only a workable relationship, but a win-win relationship.

Problems You Will Encounter When Printing On Both Sides of the Paper.

Have you ever printed on both sides of the paper in in or to order save the number of pieces of paper used? How many times have yuo printed on both sides of the paper in order to conserve how much paper you use?

Many home and little office printers are unable to to print on both sides of the paper. It’s a common practice in small offices and homes. Even if you are trying to save paper (and help the environment), which is a admirable quest, printing on both sides of the page without a duplex printer can be expensive and chew up more printer ink toner than one sided printing – (called simplex printing).Unfortunately, printing on both sides defeats your purpose and often can be more expensive and use more toner than you realize.

Try to imagine the mechanics of a laser printer. Think of the mechanics of a laser printer. Paper feeds in, printer ink is now magnetized to the drum ( according to the message sent from the data processor, toner is then rolled onto the paper and the paper feeds through the mechanistic belts and rollers arriving at the fuser unit which melts the toner to the page. Finally the printout feeds through more rollers and belts to the printer tray. The printout feeds through more rollers and belts and results in the printer tray.

If you turn the paper over so that you print on the opposite side with a a non-duplex-ready printer, when the paper arrives at the fuser unit it heats the toner on BOTH SIDES of the page. What you might not realize is that the fuser unit heats toner on both sides of the page. This toner is melted and deposited onto the rollers throughout the printer.  Melted toner can then be deposited onto the rollers throughout the printer. Printed pages could have ghosted images on subsequent which consequences in that the whole project is a waste. If the issue is bad enough, you may need to replace the printer.

The process of heating a piece of paper, can cause also the paper to curl a bit on the edges.Oftentimes heatinga piece of paper as such causes paper to curl at the edges. Printing essentially modifies the composition of the paper. Non-duplex machines can very much get jammed with page that has already been printed on. Fixing a paper jam can be quite time consuming and distracting, and can often harm the printer or toner or printer ink cartridge, especially if the paper tears and a piece gets left behind. Damage to the sensitive drum or rollers also occurs when paper jams are not fixed carefully. What’s more, a paper jam is time consuming and also cause harm to the printer or ink cartridge. It’s most important that these paperr jams are fixed carefully to preserve the quality of your printer.

Similarly, the problem can happen with inkjet printers. Ink takes longer to dry than toner, and streaks of un-dried on the printer rollers can result in streaks and lines on the pages that follow, causing an amateur result and wastage.
This problem is especially harmful when inkjet printers because the ink takes so long to dry and ink streaks the roller.
When looking to buy a new laser or ink printer, and you would like to print on both sides of the page, a lot of of printers use the letter D in their model number to show that the printer is a duplex-ready printer. A duplex printer has a roller and belt path that stops printing problems issues like ghosting etc. on the paper. If you want to continue to print on both sides, consider a duplex printer that has a roller and belt path that prevents issues like ghosting.

You may wish to check your with your printer maker to see if the printer is an automatic or a manual duplex. Manual means that you will have to turn the pages over yourself and re-feed into the printer paper tray when the printer informs you to. However, In contrast, an automatic duplex printer has a mechanism inside that turns and re-feeds the paper back into the printer without needing your intervention.

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By Stockland Preston

A Business Franchise Philippines Success Story

A Business Franchise Philippines Success StoryThe story of a Phillipines Franchise Success

In the Philippines, the term quick food is just or so synonymous with the Jollibee brand.When you think of quick food in the Phillipines Jollibee Brand comes to mind. It took spare than just one man for it to become that way, however all it took to start out was a person name Tony Tan Caktiong. Though it took more than one man to become infamous, it started with the name of Tony Tan Caktiong.The common-or-garden starting for Tony was working with his father to work a kitchen in Fujian, China. In 1975, Tony began his entreprenuerial journey with simply a pair of 2 ice cream parlors in Cubao, Quezon City. Tony started his journey as an entrepreneur back in 1975 with two ice cream parlors in Quezon City.

Despite his success with the ice cream parlors, Tony didn’t stop there. Tony didn’t stop with his success at the ice cream parlors.He looked around the planet and saw the kind of success chains like McDonalds were having. He took note of the success of chains like McDonalds.Instead of opening a franchise for an existing fast food chain like Burger King or Wendy’s, he set to expand with the opening of his own chain of hamburger-serving fast food restaurants named Jollibee in 1978. He did not seek to follow in established foot steps like burger king.He set out to open his own chain of fast food restaurants that became Jollibee in 1978.

Since McDonald’s hadn’t nonetheless entered into the Philippines, Tony capitalized on this truth by establishing his complete among the Filipino multitude. With McDonald’s not having a presence in the Phillippines, Tony established a presence in the fast food industry.Rather than making an attempt to find out everything from scratch, Tony traveled to the United States to find out the tricks of the trade from the already established chains like McDonalds.Tony did not attempt to reinvent the wheel; he traveled to the U.S. to learn the tricks of the trade from those established chains. By implementing these skilled business practices back in the Phlippines, Tony’s hard work began to pay off when his business began to rapidly expand. He began to utilize these techniques and theories upon his return home to the Phillipines and his business rapidly expanded.The division of Jollibee Philippines really tries to serve the exact wants of the Filipino individuals and its culture by focusing its product development
as well as its marketing and advertsing to target the distinctive and traditional Filipino family.

Nowadays Tony Tan Caktiong is successful story and a task model for entreprenuers around the world. Around the world Tony Tan Caktiong has become a role model for entrepreneurs.}This was solified in 2004 when Tony was voted the Entrepreneur of the Year by Ernst & Young. Ernst & Young voted Tony the Entrepeneur of the Year in 2004 further proving his successw.}The chair of Ernst and Young, James S. Turley said, “These awards are concerning celebrating world entrepreneurship and the desire to continually introduce and expand. Tony’s story may be a truly inspirational one, on each these counts. We tend to are delighted he has been selected to receive this year’s award.”

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By John Crowe

Fast and Furious – A REMAX study finds that West Vancouver real estate is a top market in North America

Luxury Market in West Vancouver

West Vancouver real estate market along with about 70% of all Markets set records for an amazing first quarter sales Luxury home sales soared in the first quarter of 2010 as wealthy purchasers moved to reap the benefits of favourable West Vancouver real estate market conditions across the country, according to an aritcle reported   by remax Vancouver.

The RE/MAX upper berth End 2010 Report, highlighting sales and trends in 13 major Canadian centres (including West Vancouver real estate) and five submarkets, found that increased economy performance , gained personal wealth, immigration and foreign investment all caused to a serious uplift in sales. approximately all areas experienced 2X and triple-digit up – swings between January and March of this year over 2009 figures for the same period. Nine out of the 13 real estate markets (including West Vancouver real estate market) examined (69 per cent) shattered existing records – setting new all-time increases for 1st period this year so far activity in the upper end.

Recovery in the upper end Edit this text has been nothing short of singular. The portion of the real estate market was hardest hit – and as a West Vancouver Realtor, I agree – West Vancouver real estate was no exception.

When the recession took hold, West Vancouver real estate really took a low, —y et its comeback has been fast and furious. There is no doubt that mindset has changed and trust has returned . One only has to look at the percentage up-swings in the West Vancouver real estate market to see the curren increase in values .

When so many are comparing this to be one of the worst 1st quarters for a long time – you can clearly see that the
bounce back in many areas – including West Vancouver, East Vancouver — is much much higher than record levels reported in years past. Being a leader in terms of % increase in sales is Kelowna (seven hundred % ), Montreal (300 % ), Victoria (275 per cent ), Greater Toronto (263 % ), West Vancouver real estate (184 per cent)..

Real estate continues to resonate with purchasers at every level of the market . With the high end of the market shifting into high gear, every portion of the residential real estate sector is now maintaining in balance Despite the upward impulse, there are still great purchases to be had – especially at the top end price points —a fact that is motivating investors to sweep up the market – Especially in West Vancouver real estate

High levels of economic activities have been a major driver , boosting consumer strength levels across the board . The
tangibility of bricks and mortar has also played a role in record activity – a development that began in 2008 as
affluent purchasers reduced their exposure to equities and shifted their earnings into real estate holdings. Up Swinging market – and portfolios – in the months ahead will farther contribute to Canadian real estate market activity.

High end sales as a % of the market have been steadily increasing in late(a) years – with the exception of 2009. With the increase in economy levels , it’s expected that the number of wealthy individuals will begin to rebound , following two years of sequent decline. This will continue to help up swing Canada’s luxury market going forward.

Heavy migration and international   investment have also had a tremendous effect on the luxury property market – and in some property markets , seriously bolstered sales – much like in West Vancouver real estate. Arab buyers , Mainland China investors , and Europeans—to a lesser extent— bought in every market across the country. Canada’s sound banking schema, political stability , and stronger Canuck dollar are attracting international infusion – and that is splashing over into high end residential real estate. Most active in 2010 were business ceos, self employed, and professionals

Location was first and foremost among wealthy buyers, followed by a preference for newer homes or those that are turn-key (completely renovated). With the exception of Toronto, purchasers could be relatively particular and take their time in devising decisions as balanced conditions characterized markets across the board.

Given decent supply, prices are likely to hold even or experience modest increases in the majority of markets in 2010. Canada’s most expensive luxury markets are shared equally among East and West , with West Vancouver real estate topping the entry-level price point for high-end homes at $2 million, followed by $1.5 million in Greater Toronto and Montreal (Island). Upper-end value markets were most abundant in Atlantic Canada and smaller centres in Ontario, where luxury home prices started at $400,000 in St. John’s, $450,000 in Halifax-Dartmouth, $500,000 in London St. Thomas, and $750,000 in Ottawa and Hamilton-Burlington. Winnipeg and Edmonton represented good value in the West at $500,000 and $850,000 respectively.

West Vancouver real estate carries the title for the most valuable home sold through MLS in the 1st quarter . The home — an 11,600 sq. ft. home on ¾ of an acre on the city’s West Vancouver side, changed hands for $10 million . Other noteworthy sales include: Just above Seven Million and a quarter in the Greater Toronto suburb of Mississauga, $6.25 million in Toronto’s central core, $5.75 million in Calgary, $5.5 million in Montreal (Island), and $5.3 million in White Rock/South Surrey. The most expensive MLS listings could be found in West Vancouver real estate market ($29.9 million), Greater Toronto ($23 million in Bridle Path), Vancouver Westside’s Shaughnessy area ($22 million) and Victoria ($19 million).

Bad Credit Mortgage Refinancing Made Easy

Due to the failing economy and the credit crisis that is now happening, banking loan officers have had to keep a tighter watch on who the allow to qualify for loans. Most of the time, a person with a subpar credit score cannot get a loan. However, there are some large exceptions to this rule. Bad credit mortgage refinancing is one of the most common exceptions. I’ve been reading a lot about geld lenen met bkr in Dutch.

What is happening is that banks have been foreclosing on a lot of homes and finding that the only way to get them off the books is to take a huge loss when reselling them. In order to prevent this loss, many banks will gladly work with a homeowner who truly wants to avoid not repaying their mortgage loan.F

For the person who may have lower credit scores due to late payments and bad credit card debt, it is possible to refinance a mortgage based on the relationship they have developed with the bank. Many times a mortgage company is willing to refinance a mortgage in order to give more reasonable interest rates and/or extend the repayment terms to lower a customers payments based solely on this relationship, and without taking credit scores into consideration.

One thing that will help clear the way for a loan application to be approved for someone with bad credit is voluntary enrollment into credit counseling. Finding ways to reduce debt without being forced to file bankruptcy will reflect very favorably on the applicant.

Another thing that lenders will want to know is what is going to be done with any cash that is generated by refinancing. Most times, if the money is going to be used to increase the value of the home through home improvements, or to pay of high interest lines of credit and make it easier for the applicant to pay back the money, a bank is more than happy to accept the loan application. Their view is that you are working to get out of debt even if it means temporarily taking on more debt at better terms.

Today may be the most advantageous time to apply for a bad credit mortgage. The reason is because banks are very anxious to avoid increasing their uncollectible debt. Often they will seek a drastic solution to get a loan repaid, even if that requires refinancing that will extend the collection time. In all actually, refinancing allows them to collect more interest on the money they lent out, making it a win/win situation.

The things the bank is going to be the most concerned about when accepting applications for a bad credit mortgage refinance is what the money is going to be used for and if refinancing will make it easier for the person to pay back the loan.

In most cases, refinancing is done to take advantage of lower interest rates, to extend the payment term and lower the payments, or to gain cash that can be used to improve the property or pay off other high interest debts that may interfere with a person’s ability to pay back the bank loan. If a person can provide satisfactory proof that the loan will be repaid easier and that the money is being used in a positive way, then the odds of being approved are good even though he/she has a bad credit score.

David writes articles about how people with both good and bad credit can get a mortgage. His articles cover bad credit mortgage refinancing and regular mortgage refinancing.

Wow Has Real Estate In Arizona Gotten Confusing

There is suddenly a ton of attention falling on Arizona Real Estate lately.

In reality, there’s a ton of attention for the state of AZ lately…but let’s focus around the genuine estate industry, and Arizona refinance choices, if that need to turn into needy.

Arizona authentic estate industry is really hot. The centre of your lot of action in Arizona is Phoenix metropolitan location. Nonetheless, when it comes to real estate investing, just about every place is hot. Based on whether or not you’re hunting for Arizona actual estate just as an investment avenue or regardless of whether you are looking for Arizona true estate to truly live in, your preferences would change a bit. Nevertheless, 1 thing which you’d constantly want is often a low price. And that may be some thing that would need some effort.

And do not forget that the current residents of Arizona will always have AZ refi options available to them that they may NOT know about!

Arizona, for some reason, has become a prime visibility state in terms of refi and new buyers.

And that is certainly due to the fact Arizona has some of the most liberal true estate options and a few of the most creative true estate financing alternatives.

If you are shopping to get a piece of Arizona genuine estate for yourself and your family, then you need to think about a great deal of several points which will also influence your perception of the lowest (or the most effective price tag) for that Arizona authentic estate piece. Note that the best value for the same Arizona authentic estate item may be different for diverse men and women (mainly because their degree of determination to invest in a special Arizona true estate piece may well vary). So, if you have a lot of friends living in a particular area in Arizona, then Arizona genuine estate in that place could possibly come to be your preference and hence raise your inspiration degree. Similarly your getting determination are going to be higher in case you are planning to move into the position on account of the new work that you’re taking up in that position or should you have been transferred to that spot in your current employment itself. For those who have children, you’ll need to appear close to for Arizona actual estate which has very good schools close to it. Again, you’ll like to evaluate your life style and see if there is site that is in distinct suited to your way of life.

So, you will find a whole lot of factors that could lead to increased determination levels. Normally, a lot more the motivation of either side (buyer-seller), lesser is their negotiation power. So even for anyone who is a lot motivated to purchase a particular Arizona genuine estate item, do not show it in front of the seller. Though hiding your enthusiasm are going to be a bit hard, nonetheless give it a good try. If you’re searching for Arizona authentic estate just for expense purposes then you would most likely have a ton far more time on hand to evaluate several properties before you really go ahead with a single. So your obtaining determination won’t (and need to not) be too high. Remember that should you have time on hand, it is possible to usually get better deals (and you can find lot of Arizona genuine estate deals out there, if you were to look correctly).

All in all the real estate game in Arizona is spirited to say the least…and the AZ refi world is simply jumping more and more every day!

How to Do REO Deals with Hard Money Lenders

Today we want to talk about how to approach  REO properties when using private hard money lenders.  Properties owned by banks are called REO and are also owned by  , government agencies, or other mortgage or financial institution. Each REO usually has an assigned REO Agent which is assigned to handle all offers made by interested parties.
The REO Agent is really just a regular real estate agency or real estate agent who works with that  financial institutions 
Sometimes however, the REO Agent, tries to be, should we say, more than that.   Just a friendly reminder about business etiquette  . An REO Agent should present ALL offers to the bank, government agency, or other mortgage or financial institution who the REO Agent represents.  The bank,goverment agency, or other mortgage or financial institution cannot give the REO Agent the power to reject, counter offer or accept offers .  

In fact, the REO Agent would be violating their state license  if they try to reject, counter offer, or accept offers.  The REO Agent can work directly with their client bank as much as they want to and make as many recommendations as they want, but in the end, only
the designated official in the REO Department of the particular bank, goverment agency, or other mortgage or financial institution can actually make such a decision would be more like a power of attorney .

Investors have reported that some  REO Agents who think they have been granted the power to make their client’s decisions for them by employing a variety of strategies:

Discouraging you to submit  an offer at your offer price.

Discouraging you  to submit an offer with your contingencies.

Discouraging you to submit  because your lender has asked for an inspection of the property.

Avoiding an offer because there are too many offers.

 Making it seem unlikely   you to submit an offer because the other offers are higher or better or too many.

 These acts are not with the domain   for licensed real estate agents and can lead to losing a license. Sometimes an REO Agent is trying to be helpful and their advice or recommendations are since.  It is up to you to filter the information you get and make decisions accordingly.  Although it is our goal to develop great relationships   and deal with them in a very pleasant manner, as real estate investors, we cannot allow them to walk all over us, so to speak. So don’t fall into that trap and here is how to handle it.

 Here’s how to handle it: 

YOU: Is the property under contract?

REO Agent: No it is still available.

You: No?  Well I have an offer I am sending over for you to submit to your client for a decision, where do I send that?

REO Agent: What is your offer ?

You: I prefer to put it in writing .  What is your fax number, or should I send it direct to your  client’s REO Department?

When the agent receives the offer , they have a fiduciary duty to send it on to the client. If they don’t submit it to the client they are
violating the state laws because they cannot just make a decision to reject your offer without the REO department approval .

Try not to be intimidated by the REO agent.  ï»¿  Most are very helpful and genuinely interested in seeing deals get done.  Some are not so helpful. Your private hard money lender needs to have time to inspect the property and do their end of the transaction correctly.  Don’t just plug the lender in at the last minute. ï»¿  Get the rehab hard money lender involved early on while the deal is going through.  And whatever you do, don’t just leave the lender hanging out there in the cold because you will need the lender again or allow the REO Agent to make the lender’s job harder.

Instead, remind the REO Agent that this is going to be a win-win for everyone, including the lender. Here’s what an REO listing agent said recently about bank clients and the asset management companies the banks hire to dispose of the REO’s on a forum:

They would rather go with an offer they have on the table especially in a declining market and asset mgrs. work on bonuses they get a bonus based on closed transactions in a month and make no money if the transaction doesn’t close). Despite what agents are saying here, there are no games, the banks and asset mgrs and listing agents want these assets OFF the books.

Also, many REO Agents try to sell these properties ï»¿ to their own clients so they can collect commission on the selling side also, so one option is to get on board and ask the REO Agent if they can represent you as the buyer’s agent. This tactic is often overlooked and can solve the problem because there’s more incentive to push your offer.  The REO Agent representing the seller is prohibited from soliciting you for representation as the your buyer agent.  But if you ask that’s another matter.  If the specific REO Agent can’t do it, or  wants to make it more arms length they sometimes just have another Agent from the same brokerage handle you.  The Agency makes more money this way as well. 
Remember, the commission doesn’t come out of your pocket. It comes out of the bank’s proceeds on an REO. So, there are many ways to get a little more aggressive with your REO offers. Any REO Agent that is dodging offers is really a waste of your time to work with with.  You can get someone else from the same firm or contact the actual bank or mortgage company that owns the real
estate and ask who to send your offer to.

Also, don’t fall for the game of- -Just give me your highest and best offer.  It doesn’t have to be in writing, just tell me verbally.

Your response to this is: I submit all of my offers only in writing.  If your client wants to make a written counter offer, that is fine, but my offer will only be in writing, as it should be.

Often times, going down to the very lowest priced  properties in a region will subject you to the most abuse and be the biggest waste of your time. If you are working with a solid private hard money lender they couldn’t care less if you move up to higher priced properties as long as the LTV is right, according to their lender guidelines.

It is true, in fact, that the higher priced properties have fewer offers.  ï»¿ Going from a $15,000 property to a $45,000 property for example may increase your net profits when the property is sold by 2, or 3 times and the higher priced property may be easier to market, position and sell faster.  Therefore you may not want to try to concentrate on the rock bottom priced properties 
The Ultimate REO Source gives you the top 60 direct sources of bank owned, government owned, REO and foreclosed property.  You can search and locate property in these databases in just mere seconds, by area, property type, price range, etc. and get
full information on who to contact, to make an offer. Combined with the Private Money Lenders Source, investors have the best opportunity to obtain hard money lenders support for their deals.  Most investors are now using these type of resources to expedite the funding and closing of deals.